The UK’s inflation surge in 2022 is persisting, despite efforts by the Bank of England (BoE) to bring it down to more “normal” levels (closer to 2%). Presently, inflation stands at 9.4% and could reach 10% or more by the end of the year. This is bad news for households, since the higher inflation goes, the less “buying power”…
Do you – or someone you know – work for the NHS? When you start working for the NHS, you should be automatically enrolled onto the NHS Pension Scheme. Yet what is it, exactly, and how does it work? Does it offer good value for retirement planning and are there better alternatives…
A property can be a valuable asset. Yet, just like other investments, tax always lurks nearby. How can you minimise needless tax on a property and improve your “real” (after tax) returns? Below, our team at Elmfield Financial Planning in Padiham, Burnley, Lancashire shows how taxes work regarding UK property…
The rising cost of living is giving many households much pause for thought in 2022. More than 50% of UK homes have reduced their gas and electricity consumption as energy costs spiral, and 1.66m video streaming subscriptions have been cancelled (mostly by young people) in the second quarter…
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